Naftogaz secures UAH 3 billion loan from Oschadbank to purchase imported gas

The need to import additional gas volumes arises due to massive enemy attacks on our gas infrastructure. Together with our Ukrainian and international partners, we are working to mobilize financial and other resources to ensure a stable winter heating season amid Russia’s ongoing terrorist strikes. I thank the Ukrainian Government team and Oschadbank for their support,” commented Koretskyi.

The mutually beneficial partnership between Naftogaz of Ukraine and Oschadbank has continued for over fifteen years. Oschadbank provides comprehensive banking services to Naftogaz Group, including lending and a full range of other financial products.

Supporting the country’s energy security is one of Oschadbank’s key priorities — especially during the full-scale war, when the enemy continues to destroy power generation facilities, electrical grids, and gas infrastructure. Naturally, we could not stand aside and were glad to support our long-term partners at Naftogaz Group in preparing for the heating season,” noted Yurii Katsion, Deputy Chairman of Oschadbank’s Management Board responsible for corporate business.